What is the updated forecast, utilizing exponential smoothing, given the following data?
Old Forecast = 100, actual demand = 80, alpha = 0.2, tracking signal = 0.9

• A.104
• B.80
• C.96
• D.100

Comment: *

Name: *

Email: *

Verification: *

Buyers in which environment need suppliers who value their new relationship, working in partnership to remove waste from the system?

• A.Supplier technical ability
• B.After-sales service
• C.Manufacturing capabilities
• D.Just-in-time capabilities

Comment: *

Name: *

Email: *

Verification: *

A simple system that signals the need for more products is known as:

• A.Manifesto system
• B.Lot-for-more system
• C.Kanban system
• D.Demanding system

Comment: *

Name: *

Email: *

Verification: *

Over the time span of the production plan, large changes in capacity are usually not possible. Additions or subtractions in plant and equipment are impossible or very difficult to accomplish in this period. However, some changes can be done. Which of the following are out of those variations?

• A.Inventory can be built up in slack periods and sold or used in periods of high demand.
• B.All of these
• C.Work can be subcontracted or extra equipment leased
• D.People can be hired and laid off, overtime and short-time can be worked, and shifts can be added or removed.

Comment: *

Name: *

Email: *

Verification: *

The formula for the seasonal demand is:

• A.Seasonal demand = (seasonal index) - (deseasonalized demand)
• B.Seasonal demand = (seasonal index) / (deseasonalized demand)
• C.Seasonal demand = (seasonal index) * (deseasonalized demand)
• D.Seasonal demand = (seasonal index) + (seasonalized demand)

Comment: *

Name: *

Email: *

Verification: *